Twitter is being lauded for its “revolutionary” Innovator’s Patent Agreement (IPA), on the basis that it purports to “put ownership of patents back in the hands of the inventors”. But what does it actually do?
Twitter posted the IPA recently

It used to be common practice to include an “object clause” in a patent specification to clearly set out an over-arching objective of the invention. Many granted patents have multiple object clauses, setting out a number of goals for the invention. This practice died away as patent drafters came…